Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Glen Acres

Learn about the people, housing, costs and businesses in Glen Acres, New Mexico

Median Home$158,500
Median Rent$773/month
Population212
Leading IndustriesAgriculture & Mining · Manufacturing · Construction23% agriculture & mining
Retirees25% of residentsabove average nationally
Homeowners97% of occupied units
NotableTransit79/100 · excellent transit access
NotableAffordable Market$159k median home · lower cost than 70% of the country
Glen Acres
NM

Frequently Asked Questions

What are today's mortgage rates in Glen Acres?

As of today, the 30-year fixed mortgage rate for Glen Acres is approximately 6.995% (7.035% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Glen Acres
What is the median home price in Glen Acres?

The median home value in Glen Acres is $159k. The median monthly rent is $773. Annual property taxes average $565. Home values are based on U.S. Census Bureau American Community Survey estimates.

How much income do you need to buy a home in Glen Acres?

Based on a typical all-in ownership cost of $534/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $23k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Glen Acres is $69k/year.

Calculate your buying power
What industries drive the economy in Glen Acres?

The largest employment sectors in Glen Acres are public administration (24%) and agriculture and mining (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.